Company Profile

Anupam Rasayan India has informed that it enclose Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on April 13, 2024 for Anand Sureshbhai Desai & Shraddha Anand Desai.

The above information is a part of company’s filings submitted to BSE.

Anupam Rasayan has signed Letter of Intent (LoI) worth revenue of $90 million (Rs 743 crore) over next 7 years with one of the leading Japanese company to supply two advance intermediates using fluorination chemistry. These molecules will be manufactured in the company’s existing as well as soon to be commercialised fluorination plants.

Anupam will be the first company in India to manufacture these key molecules within the country, with applications in both the pharmaceutical as well as engineering fluids, the signing of LoI also marks the addition of this new marquee customer.

Anupam Rasayan India (ARIL) is one of the leading companies engaged in the custom synthesis (CSM) and manufacturing of specialty chemicals in India.

Anupam Rasayan India has informed that the Board of Directors of Company in its meeting held today January 23, 2024, has approved the allotment of 39,14,886 Warrants convertible into 1 equity share of face value of ?10 each at a price of ? 945.11 per warrant, to the below allottees under non-promoter category on preferential allotment basis: (i) 5,29,038 Warrants to Lata Manek Bhanshali, an individual; (ii) 16,92,924 Warrants to Zeal Global Opportunities Fund, a category-1 foreign portfolio investor; and (iii)16,92,924 Warrants to Zinnia Global Fund PCC - Cell Dewcap, a category-1 foreign portfolio investor. Post the above allotment, the equity share capital of the Company shall stand increased to ?1,13,63,79,000 comprising of 11,36,37,900 Equity Shares of ?10 each, on fully diluted basis (calculated on the basis of equity shares capital as on date, assuming full conversion of Warrants). Post conversion of the Warrants into equal number of Equity Shares of the Company (which shall rank with the then existing fully paid-up Equity Shares), the above mentioned allotees will collectively hold 39,14,886 Equity Shares of the Company. The Board meeting commenced at 9:05 am IST and concluded at 9:20 am IST. This intimation is also being hosted on the Company's website at www.anupamrasayan.com.